Alabama Farmer's Federation became the Alfa insurance agency in 1946. What began as a small business for farmers has now become a large insurance corporation providing coverage for over 1 million people in the United States. They provide between 1.25 billion and 1 billion dollars in gross premiums per year. Many times the companies that have rural or small town backgrounds are more reliable and more stable to insure with. This stems from their history of mom and pop service and local community involvement. However, since these companies tend to be smaller their premiums tend to be higher as they do not serve as many customers. In addition when expanding their coverage area, they do not reach very far and sometimes this is a cause for frustration with their consumers. Regardless, ALFA's significant history of providing insurance and their stability since their founding are both essential characteristics of a company that you want to hold your policy with.